FDR Nearly Destroyed the USA; Obama Using Same Policies

[Vader]

I have a feeling that most of the people in this country has finally figured this guy out and will be booting him out big time in 2012. I hope!

that would be the HOPE and Change that we desperately need!

[BlackSpinner]

So you want HER? U.S. fears ‘the rise of the Soviet Union’ — Bachmann

Or may be this guy who doesn't like to be quoted?http://thinkprogress.org/yglesias/2011/ ... ccurately/

[rested gal]

I agree with WestCoastCdnGrl's comments to So Well for his smart aleck reply to máirtín on page one:

You are missing the point... this topic is not relevant to OSA & xPAP, thus Martin's refusal to post his opinion here until the Title is marked with an Off Topic designation.

Martin is not saying that your post is not welcome here (it is, as long as it conforms to the TOS), but what he is saying is that as a non-OSA/non-xPAP specific topic, it should be marked as such, so that those who have no interest in the thread can scroll on by. Once the post gets the requested designation, I'm sure that Martin would happily engage in a political/historical debate with you and anyone else who cares to share their opinion.

IF your OP wasn't welcome here, there wouldn't be 10 other replies and there would have been a call out to the Mods to delete the thread or it would die an ugly death (i.e. it would just float away to a back page).

So Well knows as well as anyone on this forum that he should have courteously typed "OT" in front of his title for this topic. He could have always edited the title to add OT. Still could. Oh well. Some people have difficulty admitting when they goof.

[mck]

[quote="BlackSpinner"]So you want HER? U.S. fears ‘the rise of the Soviet Union’ — Bachmann

Or may be this guy who doesn't like to be quoted?http://thinkprogress.org/yglesias/2011/ ... ccurately/[/qu


Those two will 1000% be better than him. He is DESTROYING OUR COUNTRY!

[BlackSpinner]

So you want HER? U.S. fears ‘the rise of the Soviet Union’ — Bachmann

Or may be this guy who doesn't like to be quoted?http://thinkprogress.org/yglesias/2011/ ... ccurately/[/qu


Those two will 1000% be better than him. He is DESTROYING OUR COUNTRY!

You are joking! You guys are soooo gullible. You actually believe your media propagandists! Your big business and bankers destroyed the economy AGAIN (second time in 100 years) and you blame the government and the workers! Guys you allowed big business and the bankers to destroy your country well before this guy became president, all while you were hunting for terrorists, your own people were destroying your country and every other country around. "Big business is going to save American" who are they fooling? The American public. Hey you want to buy some bridges? Going cheap!

[snuginarug]

No one has blamed Obama for 60 years of bad policy in this thread. Why do you bring it up?

Point one: FDR nearly destroyed the United States with his policies
Point two: Obama is pursuing similar policies.

Rational conclusion: Obama is destroying the United States.

Obama could not possibly destroy the United States in three short years. Obama, George W, Clinton, Bush Sr, Ronald Reagan, Jimmy Carter, all of these men and their policies are part of the fabric of our current situation. It took us decades to get into this mess, it will take more than 3 years to get us out. I am being completely bipartisan here. All of these men are partially responsible for our current situation. ALL. Not just Clinton. Not just Reagan. ALL.

Being a Democrat, it is my opinion that raising taxes on the ultra rich is part of the solution. (NOT to ridiculous rates of 95%, please don't pull out that lame straw man tactic.)

And of course, my opinion is right opinion.

[Breathe Jimbo]

We should have let the banks and GM go down. Everything would have sorted itself out in a year.

[soundersfootballclub]

If you haven't seen "Inside Job" it's a great documentary that pretty much covers what got us to where we are at right now on the macro economic front. People are concerned about the stock market but only over the past month or so. The stock market is dropping due to concerns over the European Union and it's own financial crisis, it has less to do with anything going on here. In fact we've just experienced one of the fiercest stock market rallies in history since March 09 even though the economic issues that cropped up in 2008 have not been solved ie, housing prices and unemployment.

[Hose_Head]

Ominous Parallels

By Walter Williams



People are beginning to compare Barack Obama's administration to the failed administration of Jimmy Carter, but a better comparison is to the Roosevelt administration of the 1930s and '40s. Let's look at it with the help of a publication from the Mackinac Center for Public Policy and the Foundation for Economic Education titled "Great Myths of the Great Depression," by Dr. Lawrence Reed.

During the first year of President Franklin D. Roosevelt's New Deal, he called for increasing federal spending to $10 billion while revenues were only $3 billion. Between 1933 and 1936, government expenditures rose by more than 83 percent. Federal debt skyrocketed by 73 percent. Roosevelt signed off on legislation that raised the top income tax rate to 79 percent and then later to 90 percent. Hillsdale College economics historian and professor Burt Folsom, author of "New Deal or Raw Deal?", notes that in 1941, Roosevelt even proposed a 99.5 percent marginal tax rate on all incomes more than $100,000. When a top adviser questioned the idea, Roosevelt replied, "Why not?"

Roosevelt had other ideas for the economy, including the National Recovery Act. Dr. Reed says: "The economic impact of the NRA was immediate and powerful. In the five months leading up to the act's passage, signs of recovery were evident: factory employment and payrolls had increased by 23 and 35 percent, respectively. Then came the NRA, shortening hours of work, raising wages arbitrarily and imposing other new costs on enterprise. In the six months after the law took effect, industrial production dropped 25 percent."

Blacks were especially hard hit by the NRA. Black spokesmen and the black press often referred to the NRA as the "Negro Run Around," Negroes Rarely Allowed," "Negroes Ruined Again," "Negroes Robbed Again," "No Roosevelt Again" and the "Negro Removal Act." Fortunately, the courts ruled the NRA unconstitutional. As a result, unemployment fell to 14 percent in 1936 and lower by 1937.

Roosevelt had more plans for the economy, namely the National Labor Relations Act, better known as the "Wagner Act." This was a payoff to labor unions, and with these new powers, labor unions went on a militant organizing frenzy that included threats, boycotts, strikes, seizures of plants, widespread violence and other acts that pushed productivity down sharply and unemployment up dramatically. In 1938, Roosevelt's New Deal produced the nation's first depression within a depression. The stock market crashed again, losing nearly 50 percent of its value between August 1937 and March 1938, and unemployment climbed back to 20 percent. Columnist Walter Lippmann wrote in March 1938 that "with almost no important exception every measure (Roosevelt) has been interested in for the past five months has been to reduce or discourage the production of wealth."

Roosevelt's agenda was not without its international admirers. The chief Nazi newspaper, Volkischer Beobachter, repeatedly praised "Roosevelt's adoption of National Socialist strains of thought in his economic and social policies" and "the development toward an authoritarian state" based on the "demand that collective good be put before individual self-interest." Roosevelt himself called Benito Mussolini "admirable" and professed that he was "deeply impressed by what he (had) accomplished."

FDR's very own treasury secretary, Henry Morgenthau, saw the folly of the New Deal, writing: "We have tried spending money. We are spending more than we have ever spent before and it does not work. ... We have never made good on our promises. ... I say after eight years of this Administration we have just as much unemployment as when we started ... and an enormous debt to boot!" The bottom line is that Roosevelt's New Deal policies turned what would have been a three- or four-year sharp downturn into a 16-year affair.

The 1930s depression was caused by and aggravated by acts of government, and so was the current financial mess that we're in. Do we want to repeat history by listening to those who created the calamity? That's like calling on an arsonist to help put out a fire.

http://jewishworldreview.com/cols/williamns081711.php3

Few people know about the wreckage of Roosevelt's policies. Maybe it is because 90% of us went to government schools and they don't teach this truth.

By definition, this post's a troll. The OP has even left the discussion!

[Vader]

So you want HER? U.S. fears ‘the rise of the Soviet Union’ — Bachmann

Or may be this guy who doesn't like to be quoted?http://thinkprogress.org/yglesias/2011/ ... ccurately/[/qu


Those two will 1000% be better than him. He is DESTROYING OUR COUNTRY!

You are joking! You guys are soooo gullible. You actually believe your media propagandists! Your big business and bankers destroyed the economy AGAIN (second time in 100 years) and you blame the government and the workers! Guys you allowed big business and the bankers to destroy your country well before this guy became president, all while you were hunting for terrorists, your own people were destroying your country and every other country around. "Big business is going to save American" who are they fooling? The American public. Hey you want to buy some bridges? Going cheap!

Wow!....that's almost a hate speech!

[kempo]

So you want HER? U.S. fears ‘the rise of the Soviet Union’ — Bachmann

Or may be this guy who doesn't like to be quoted?http://thinkprogress.org/yglesias/2011/ ... ccurately/[/qu


Those two will 1000% be better than him. He is DESTROYING OUR COUNTRY!

You actually believe your media propagandists! !

99.9% of the media in the U.S. have been and still are 100% behind BHO. Big business have been leaving this country for years to move to Canada, Europe, and the far East to flee the 35% corporate taxes we have in the U.S. If the U.S. would drop corporate taxes to 20% like the rest of the world, the economy would boom. Lowering taxes increases tax revenue. It always has and it always will. The problem is the politicians have always spent every dime of it plus more. Thus we have a $15,000,000,000,000,000.00 deficit.

The U.S. Justice Department was threatening the banks with prosecution if they did not loan money to people who would probably not be able to make their mortgage. The government ( the politicians ) told them don't worry about it because we will back you up. That's the whole we are now trying to dig out of. You can pull up the congressional hearing on YouTube about Fannie mae and Freddy mac.

Then you have the enviro nuts who have done untold damage to the economy. There is a coal fired power plant being built about 60 miles from my home
and it has been in litigation now for ten years even though we have been having brown outs and rolling black outs during this summer because of the demand for electricity. If this Presidents policies were going to work we should have 100% employement because everyone would being busy oiling wind mills and cleaning of solar panels. What I like about Canada is they go after their natural resources and use them wisely.

[ozze_dollar]

We have a socialist government in Australia at present. When they came to power 4 years ago the Federal government had NO debt. In that short time we are now hundreds of billions in debt and have nothing to show for the expenditure. All they seem to know is to spend money and come up with new types of taxes.

[mck]

well said KEMPO- after such good explanation I have nothing else to say.

[ameriken]

We have a socialist government in Australia at present. When they came to power 4 years ago the Federal government had NO debt. In that short time we are now hundreds of billions in debt and have nothing to show for the expenditure. All they seem to know is to spend money and come up with new types of taxes.

Yep, that's the problem we have over here with Obama and our Democrats...spend the money and then raise taxes. However, as much as I'd like to blame the Democrats for the whole mess, they get plenty of help from the GOP. While Republicans will lower taxes, they won't find any way to pay for it, thus, it too ends up as debt. Republicans also love a huge and wasteful military as well as spending trillions on wars overseas that don't do a damned thing for us.

[Vader]

QUOTE:

"The soundest way to raise revenues in the long run is to cut taxes now.
The purpose of cutting taxes now is... to achieve the more prosperous, expanding economy which can bring a budget surplus."



WHO said THAT?


.....Ronald Reagan? ...No

.....George H. W. Bush? ...NO


.....George W. Bush? NO


.....F. A. Hayek? NO


....Arthur Laffer? NO




Answer: JFK